Bullpen.News From Edwin Dorsey
Get Daily Recap Feedback

Latest News

Market cap$300M–$100B
All Over $50MOver $300MOver $2BOver $10B
All Under $1BUnder $10BUnder $100BUnder $500B
SectorsAll
Filter by sector
Sunday, October 18, 2026· 6813 stock ideas· 217 writers·
18,680 views· 8,659 clicks

From X

@DOMOCAPITAL

DOMO Capital Management, LLC on X

$MNRO must buy all lubricants, non-lubes and service chemicals from Valvoline and can't market competing products. This is an in-depth partnership. Could there be a price increase? Sure, prices have already gone up this year quite a bit, but it won't be the price gouging type of supply that shops with no vendor will be facing. Two main points here. $MNRO is not in danger of running out of supply and if the price does increase, it won't be to the level of competitors without this type of relationship. I had a discussion with a manager at TiresPlus that points to exactly this. Prices so far this year have increased, but he said that the pricing he is getting from vendors he doesn't have a relationship with is multiples higher and he's going to have to pull the trigger with one of them within weeks.
@leevalueroach 1 click

Lee Roach on X

GameStop $GME is one of the most misunderstood companies in the entire market. Wall Street has left the company for dead. Every sell side firm has dropped coverage and zero hedge funds will own this because of the former meme stock hair. Now the stock trades dirt cheap with $5 billion of cash, $5 billion of ebay stock (10% of the entire company), $300 million of bitcoin and $2.8 billion of zero percent convertible debt. You are buying the core business for $4.1 billion. The core business that has completely transformed itself into a highly cash generative card store. Management has turned around the entire company and it is not a dying retailer anymore. It is a cash generative cash machine flipping Pokemon, Magic The Gathering and One Piece cards. Cards are one of the hottest markets in the entire world right now and Wall Street is asleep at the wheel. Unit economics are stunning. There are 1,600 stores in the U.S. $1.9 million sales per store. 45% gross margins at the store level. Four wall EBITDA per store of $580k. This is a four wall margin of 30.6%. There is very little capex and inventory is mostly financed by vendors and there is a float business with the trade-ins with in-store credit zero percent debt. Management is guiding to $650 million of EBITDA for the full year. They are sandbagging the number HARD. I am pulling data from ebay and GemRate and total Pokemon sales in August were up 30% m/m. The highest monthly sales ever recorded. In addition, the 30th anniversary for Pokemon occurred on September 16th. It was the biggest coordinated Pokemon event in history. I went to a dozen of GameStop's and local card shops and they were all sold out. Lines out the door. The phone ringing off the hook. Wall Street is completely unaware that GameStop is flipping cards in size and has transformed their business model. Finally, Q4 is the company's biggest quarter and there are more events for the 30th anniversary landing in the quarter. For the full year, I am modeling in excess of $850 million of EBITDA, $200 million ahead of management's sandbagged guide. Management likely knows this. Ryan Cohen bought $20 million in the open market, and other C-Suite executives followed along with numerous buys, just days ago. And then the company announced they will be reopening stores, for the first time in many years. The payback on reopens should be less than a year. I see the company trading at 4.7x EV/EBITDA, and over 90% of that EBITDA should convert into free cash flow, or a 20% free cash flow yield on the enterprise value. Wall Street is completely missing the story and asleep at the wheel with drool running down their big fat bellies. There will likely be push back on the ebay acquisition, but I encourage everyone to actually dig into the deal. It could be transformative and there are many synergies that Wall Street idiots are missing. Wall Street suits have no idea how the card market has been gamified and turned into a lottery ticket system that has become extremely addicting on apps like Whatnot. In addition, Ryan Cohen is an All Star capital allocator and operator, an extremely rare combination, and a platform like eBay is right up his wheel house. I built a website below that has a 34-deck slide, highlighting the thesis. Have fun and check out my analysis and website. I am long $GME and find the thesis asymmetric. https://t.co/Re7vRQ6uHG

Investor Letters

All letters

Free Recaps of the best new stock ideas, delivered every morning.

Read past recaps

TSOH Weekly Roundup (10/16/2026)

Bumble agreed to a $1.3 billion take-private deal, while Netflix cut about 1,000 jobs and Meta discussed its Muse superintelligence models.

BMBL $783M
TSOH Investment Research 11 clicks

Is The Market Turning The Page?

CoreWeave’s debt and equity price action is framed as a wake-up call for investors amid a broader market discussion.

CRWV $34B
WHAT ARE WE DOING? “Contrarians At The Gate” 51 clicks

PesoRama: Research Flash

PesoRama will reach 54 JOi Dollar Plus stores by November after raising C$28.4 million, funding more than 50 additional Mexican store…

TBBB $6.8B
Atrium Research - Equity Research 7 clicks
FINV · long

Finvolution Group

FinVolution, a China and ASEAN unsecured consumer lender, trades at 4x earnings and 0.5x book value.

FINV $711M
Value Investors Club

Modine Deep Dive

Modine, soon Modexus Solutions, has a $4 billion hyperscaler cooling contract but must ramp factory output and restore margins as data…

MOD $9.2B
CV's Substack 18 clicks

AppLovin Deep Dive

AppLovin rebuilt its ad model with AXON 2.0, lifting LTM revenue to about $7 billion and margins to 77% as Unity competition threatens…

APP $88B
Speedwell Research 26 clicks

Constellation: Stars Aligning?

Constellation Brands trades near $127 at roughly 11x next-twelve-month EV/EBIT, with recent business results offsetting concerns over…

STZ $22B
TSOH Investment Research 27 clicks

Have a source we’re missing? Send your pick

Recent recaps

Latest recap

Saturday, October 17 31 stock ideas
  • SiriusXM: Dirt Cheap, Looming Catalysts, Short Squeeze Candidate Eagle Point Capital
  • Expert Call | Q3 2026 Optical Components Market Dynamics, Vendor Market Share, & 2027 Growth Outlook P Equity Research
Read the recap

All recaps

Publications we follow

Every publication on this site, hand-picked.

129 publications

Newsletters 107

YouTube 4

Blogs 17

Seeking Alpha 52 of 238

Nominate a publication

X accounts we follow

Every account on this site, hand-picked.

88 accounts
Nominate an account

Investor letters we follow

189 firms

Sectors

Ordered by how often our editor reaches for them.

Anything we’re missing?

Send us a pick